Weekly Recap: Recession? • Solvency Crisis • China Stimulus • Bull Market
Wealthion - Be Financially Resilient
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Beware of Economic Shockwaves
High tariffs can create a significant negative shock to the economy, disproportionately affecting lower middle-income families without causing lasting inflation. While corporate tax cuts to 15% may harken back to early tax rates and be seen as a positive for growth and deregulation, raising corporate tax rates to over 40% risks dampening employment and wage growth by diminishing profits. Consequently, while tariffs may cause immediate but short-lived economic pain, increasing corporate tax rates could have more damaging long-term effects on economic competitiveness and overall growth.
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